Theon Technology

📍 Newport Beach, United States🗓 Founded 2020👥 13 employees💰 Last funded Jun 2021
Theon Technology is a pioneer leading the paradigm shift on the road to perfect secrecy. Providing unbreakable encryption of digital assets at rest and in-transit ensuring security and privacy while preventing theft, damage, or misuse of enterprise data. Our SaaS utilizes quantum-resistant patented algorithms that deliver on the promise of a truly scalable, commercially viable, enterprise ready, one-time pad without the need for specialized hardware. Based on high entropy random numbers, Theon delivers quantum resistant encryption, and key management with secure distribution. Theon Technology was founded in 2020, is privately funded, and headquartered in Newport Beach, CA Believe it or not, the days of old-school data encryption are numbered. Theon sets a new standard for software-based cryptography revolutionizing data privacy and security. Encrypting data today relies on one time-honored tactic: random number generation based on prime numbers. But dig deep enough into those numbers and patterns recur. With modern quantum computing power, they’re actually more visible. Data in motion, data at rest, or data in use: everything’s at increased risk. The old way is about out of runway. Time for a new way. The Theon way. The answer is a new numerical basis for encryption, with no embedded patterns without specialized hardware. One-Time Pad is an uncrackable encryption technique approaching perfect secrecy. Legacy methods of this encryption cipher have remained impractical as they require the use of a large private key at least the same size as the data being encrypted. Theon Technology’s product HypatiaOTP provides an innovative way to reduce the OTP key transmission overhead making it practical for deployment across multiple use cases.
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Total investors
1
Early stage
0
Mid stage
0
Late stage
2020
Founded
Investor geography1 country
United States
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Frequently asked questions
Who invested in Theon Technology?
Theon Technology has 1 investor on record on gritt.io, including 1 early-stage backers.
When did Theon Technology last raise funding?
The most recent investment in Theon Technology recorded on gritt.io was in June 2021.
When was Theon Technology founded?
Theon Technology was founded in 2020.
What industry is Theon Technology in?
Theon Technology operates in Computer and Network Security. Find similar Computer and Network Security investors on gritt.io.
Where is Theon Technology based?
Theon Technology is headquartered in Newport Beach, United States.